Speculation about the identity of the person or persons involved with Save Volante Group is already beginning to mount among informed sources. Some of the sources believe that the group may be headed by former high profile identities within either Ipex or the pre-merger Volante. Others believe it may just be a disgruntled group of senior employees.
In a previous email, the Save Volante Group claimed that staff morale and conditions had deteriorated in the company as a result of mass redundancies, declining performance and lack of direction. The group claimed that Mr Penman as CEO must shoulder the blame. Volante declined to comment saying only that the company received it from an anonymous external source and the view is that it is inaccurate and potentially defamatory.
In a follow up move, the group, describing itself as a disgruntled significant shareholder who have invested their life savings into Volante, has written two further email letters describing the alleged downhill slide of the company which they say has destroyed the value of their investment. The letter was especially critical of a consulting methodology implemented at Volante under Penman called Project BoB, which the group claims is 50 years old and not suited to the requirements of the 21st century.
According to the group, the Volante merger with Ipex is comparable to the Air New Zealand and Ansett merger, in which it alleges Air New Zealand "raped Ansett for all it was worth and demoralised its staff".
In the second instalment of the latest two-part email series, the Save Volante Group accuses the Penman led management team at Volante of being focussed purely on cost cutting and savings instead of investment and growth. The group is also critical of what it claims is wasteful expenditure on staff consulting firms, such as Proudfoot, and called for the sacking of all directors except Jane Lancsar, national delivery manager, managed services, who the group suggested should replace Mr Penman as CEO.